56. Deputy John Browne asked the Minister for Finance notwithstanding the concept of the free market, his views on the wisdom of allowing financial service providers to offer products which are clearly priced at an uneconomic rate; if legislation should provide for supervisory oversight of pricing in line with the requirements for improved actuarial evaluation and assessment of risk exposure promoted in consultation paper 73 of consultation on requirements for reserving and pricing for non-life insurers and reinsurers; and if he will make a statement on the matter. [23567/14]

Summary

56. Deputy John Browne asked the Minister for Finance notwithstanding the concept of the free market, his views on the wisdom of allowing financial service providers to offer products which are clearly priced at an uneconomic rate; if legislation should provide for supervisory oversight of pricing in line with the requirements for improved actuarial evaluation and assessment of risk exposure promoted in consultation paper 73 of consultation on requirements for reserving and pricing for non-life insurers and reinsurers; and if he will make a statement on the matter. [23567/14]

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• Insurance Industry Regulation

  xml · EN · 29 May 2014

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